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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2015
Dec. 31, 2014
CURRENT ASSETS:    
Cash and Cash Equivalents $ 356,936 $ 147,303
Restricted cash   660
Due from charterers, net 58,553 50,007
Due from Navig8 pools, net 4,658  
Prepaid expenses and other current assets 30,266 32,692
Total current assets 450,413 230,662
NONCURRENT ASSETS:    
Vessels, net of accumulated depreciation of $128,583 and $109,235, respectively 795,572 814,528
Vessels under construction 766,455 257,581
Other fixed assets, net 3,625 2,985
Deferred drydock costs, net 15,018 14,361
Deferred financing costs, net 1,893 1,805
Working capital at Navig8 pools 3,750  
Restricted cash 1,423  
Goodwill 27,131 27,131
Other assets 9,928 11,872
Total noncurrent assets 1,624,795 1,130,263
TOTAL ASSETS 2,075,208 1,360,925
CURRENT LIABILITIES:    
Long-term debt, current portion 29,528  
Accounts payable and accrued expenses 36,458 52,770
Total current liabilities 65,986 52,770
NONCURRENT LIABILITIES:    
Long-term debt 769,264 790,835
Other noncurrent liabilities 204 171
Total noncurrent liabilities 769,468 791,006
TOTAL LIABILITIES $ 835,454 $ 843,776
COMMITMENTS AND CONTINGENCIES    
SHAREHOLDERS' EQUITY:    
Common stock $ 800  
Preferred stock    
Paid-in capital $ 1,480,505 $ 809,477
Accumulated deficit (242,170) (292,990)
Accumulated other comprehensive income 619 329
Total shareholders' equity 1,239,754 517,149
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 2,075,208 1,360,925
Class A common stock    
SHAREHOLDERS' EQUITY:    
Common stock   113
Class B common stock    
SHAREHOLDERS' EQUITY:    
Common stock   $ 220